Stock Manipulation
Unquoted: Veritas India,Visisth Mercantile

Veritas India (Rs351)

Mumbai-based Veritas India is engaged in imports, trading &...

Premium Content
Monthly Digital Access

Subscribe

Already A Subscriber?
Login
Yearly Digital+Print Access

Subscribe

Moneylife Magazine Subscriber or MSSN member?
Login

Yearly Subscriber Login

Enter the mail id that you want to use & click on Go. We will send you a link to your email for verficiation
Herd Instinct

There is a rush to launch hybrid funds that invest in equity, debt, fixed-income securities and...

Premium Content
Monthly Digital Access

Subscribe

Already A Subscriber?
Login
Yearly Digital+Print Access

Subscribe

Moneylife Magazine Subscriber or MSSN member?
Login

Yearly Subscriber Login

Enter the mail id that you want to use & click on Go. We will send you a link to your email for verficiation
Food inflation rises to 16.44% for the week ended 18th September

New Delhi: Food inflation increased to 16.44% in the week ended 18th September, climbing 0.98 percentage points from 15.46% in the previous week. The rise in food inflation was due to a rise the cost of cereals, fruits, select vegetables and milk on account of supply disruptions due to heavy rains and floods, reports PTI.

This was the fifth consecutive week in which the rate of food prices has risen, after a spell of moderation in July and the first half of August.

An unusually heavy spell of late monsoon showers had resulted in severe flooding across many states, including Delhi, Haryana, Punjab, Uttar Pradesh, Uttarakhand, Himachal Pradesh and Rajasthan, resulting in disruption of supplies.

On an annual basis, cereals prices rose by 6.11%, driven mainly by higher prices of pulses, rice and wheat.

While prices of pulses rose 5.94% on a yearly basis, wheat and rice became costlier by 9.14% and 4.05%, respectively.

Among other food items, milk prices soared by 24.32% during the week compared to the same period last year, while prices of fruits rose by 15.13%.

Vegetables also became dearer by 5.87% on an annual basis. Onion prices went up by 1.39% year-on-year, but potato prices declined by 50.48%, continuing the trend of the last few months.

Fuel inflation declined to 10.73% for the week ended 18th September from 11.48% in the week ended 11th September.

The wholesale price index (WPI) based inflation for the month of August stood at 8.51%, according to the new Wholesale Price Inflation (WPI) series released by the government earlier this month.

As per the old series with a base year of 1993-94, WPI inflation stood at 9.5% for the month.

User

We are listening!

Solve the equation and enter in the Captcha field.
  Loading...
Close

To continue


Please
Sign Up or Sign In
with

Email
Close

To continue


Please
Sign Up or Sign In
with

Email

BUY NOW

The Scam
24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
Moneylife Magazine
Fiercely independent and pro-consumer information on personal finance
Stockletters in 3 Flavours
Outstanding research that beats mutual funds year after year
MAS: Complete Online Financial Advisory
(Includes Moneylife Magazine and Lion Stockletter)